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Tier 2 subordinated bond for euro 500 million issued today. S&P's confirms the expected "BB+" rating

Tier 2 subordinated bond for euro 500 million issued today. S&P's confirms the expected "BB+" rating
14 December 2017 - Time: 17:38

TIER 2 SUBORDINATED BOND FOR €500 MILLION ISSUED TODAY S&P’s CONFIRMS THE EXPECTED “BB+” RATING

Verona, December 14th, 2017 

Today Cattolica finalised the issue of its Tier 2 subordinated bond for €500 million, that was successfully placed on December 5th, 2017. As from today, the bond is listed on the regulated market of the Irish Stock Exchange. The rating agency Standard & Poor’s confirmed the expected “BB+” issue rating.